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Oct 4, 2012
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so one thing he said romney had secret plans on jobs, economy and regulation. and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting the president would make excuses because he can't defined his record. he joins us from denver, good evening mr. chairman. tell me have you spoken to governor romney since the debate? >> i. i can tell you he was smiling and happy with how things went tonight. tonight was a historical night. and this is a sense that that is shocking. the performance but there is a problem for governor and drk-excuse me, the president, mitt romney was ready, and prepared. and he was ten yaishis and respectful. the president meande
so one thing he said romney had secret plans on jobs, economy and regulation. and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just...
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Oct 4, 2012
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> we do have a difference under definitions of small business. under my plan 97% of small business woz not see income taxes go up. governor romney says top 3% are the job creators and they'd be burdened but under that definition there are millionaires and businesses. donald trump is a small business. i know he doesn't like to think of himself as small anything but that is how you define small business is if you're getting business income. >> and a crucial first debate each trying to convince voters that he is the one who can turn the economy around. who got the message across tonight? joining us is our political panel in denver, byron york and sam young is here and steve hays from weekly standard. first to you, donald trump got a shout out z actually my hometown of appleton, wisconsin got one. your thoughts
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> we do have a difference under definitions of small business. under my plan 97% of small business woz not see income taxes go up. governor romney says top 3% are the job creators and they'd be burdened but under that definition...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as much. lou: they don't care about as much. those folks down in new orleans, implying because they're black. that the federal government, the rest of us, apparently, did not care about the folks in the once in 2005. that, of course, then senator barack obama talking on the fifth of june. in 2007, that video obviously very, very well documented. the current president's view before a mostly black audience of ministers that the country just doesn't care as much about our black citizens as we do other citizens, specifically knew well as residents. what i wanted to do tonight is but
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as...
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Oct 4, 2012
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economy on government. >> okay. >> we're now spending the 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> yeah, but, mr. president, you're saying in order to get it -- get the job done, it's got to be balanced? >> if we're serious, we've got to take a balanced, responsible approach. and by the way, this is not just when it comes to individual taxes. let's talk about corporate taxes. now, i've identified areas where we can, right away, make a change that i believe would actually help the economy. the oil industry gets $4 billion a year in corporate welfare. basically, they get deductions that those small businesses that governor romney refers to, they don't get. now, does anybody think that exxonmobil needs some extra money, when they're making money every time you go to the pump? why wouldn't we want to eliminate that? why wouldn't we eliminate tax breaks for co
economy on government. >> okay. >> we're now spending the 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> yeah, but, mr. president, you're saying in order to get it -- get the job done, it's got to be balanced? >> if we're serious, we've got to take a balanced, responsible approach. and by the way, this is not just when it...
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they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you acc
they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind...
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every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for -- >> here is the specific -- >> excuse me. >> let's talk about the big one. >> no, let's not. let's let him respond, let's let him respond to dodd frank and what the governor said. >> i think this is a great example, the reason
every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have...
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Sep 30, 2012
09/12
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CNN
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>> first of course is that we are living through the brutal economy, too many people that i lead, the sixth largest city in america are living through these incredibly difficult time. so when the arizona community action association issued a challenge to me to live off of food stamps to get a better sense of what people were going through, i couldn't say no to try to be a better leader and policymaker. >> so you with respect at all reluctant, what did you discover in your first shot at seeing what you could buy and what you couldn't buy with the food stamp. >> $29 for an entire week of eating doesn't go far, and i had to live off of a lot of stuff that i used to eat when i was a college kid when i didn't have much of a budget. i had to skip a few meals in order to make the budget work. i ended up losing a few pounds which is not what the program is supposed to do. so i learned a lot and i think it will make me a better policymaker. >> what would you take from that experience, you said makes you a better policymaker, can you think of something off the bad where you are now kind of want
>> first of course is that we are living through the brutal economy, too many people that i lead, the sixth largest city in america are living through these incredibly difficult time. so when the arizona community action association issued a challenge to me to live off of food stamps to get a better sense of what people were going through, i couldn't say no to try to be a better leader and policymaker. >> so you with respect at all reluctant, what did you discover in your first shot...
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the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan will kill 700,000 jobs. i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balanc
the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses say your plan...
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Oct 4, 2012
10/12
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they are doing just fine in this economy. the people having a hard time right now are middle income americans. they have been buried. they are just being crushed. middle income americans have seen their income come down by $4,300. this is a tax in and of itself i'll call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up, food prices are up health care costs have gone up by $2,500 a family. middle income families are being crushed. and the question is how to get them going again, and i described it energy trade, the right kind of training programs, balancing our budget, and helping small business. but the president mentioned a couple of other ideas. first education. i agree. education is key. but our training programs right now, we have 47 of them housed in the federal government reporting to eight different agencies, we have got to get those dollars back to the states and go to the workers so they can create their own pathways to get in the train
they are doing just fine in this economy. the people having a hard time right now are middle income americans. they have been buried. they are just being crushed. middle income americans have seen their income come down by $4,300. this is a tax in and of itself i'll call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up, food prices are up health care costs have gone up by $2,500 a family. middle income families...
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so that you can have an economy work. every free economy has good regulation. at the same time regulation could become excessive. >> is it excessive now? >> in some places. >> like where? >> it can become out of sedate. and what's happened with some of the legislation that's been passed during the president's term, you've seen regulation become excessive, and it's hurt the economy. let me give you an example. dodd-frank was passed, and it includes within it a number of provisions that i think have some unintended consequences that are harmful to the economy. one is it designates a number of banks as too big to fail. and they're effectively guaranteed by the federal government. this is the biggest kiss that's been given to new york banks i've ever seen. this is an enormous boon for them. there have been 122 community and small banks have closed since dodd-frank. so there's one example. here's another. in -- >> you want to repeal dodd-frank? >> i would repeal and replace it. we're not going to get rid of all regulation. you have to have regulation. and there are
so that you can have an economy work. every free economy has good regulation. at the same time regulation could become excessive. >> is it excessive now? >> in some places. >> like where? >> it can become out of sedate. and what's happened with some of the legislation that's been passed during the president's term, you've seen regulation become excessive, and it's hurt the economy. let me give you an example. dodd-frank was passed, and it includes within it a number of...
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the economy is a key issue on he cammaignntrail... but since colorado is one offthe few states that appearssto bb weathering the national economic downturn, some won't bb voting withhtheir pocketbooks...david stavely / air assto whooi am going to for why i aa still in up the airr and it really comes down to do i want to see a better economy or loss rightss thha's the way look at it..."carmmn mendoza / voter:"...i need to actually listening to the pas a fixed inccme, the one who has minimum wage...." one polittcal analyst says this first debate is important since oth men have something to prove.michael tanner / cato inssttute senior fellow "...the public wants to seeeif mitt romney is an acceptable alternativee they ssrt of know the presiient. e's the devil devil they don't and they haven't made up their mind about him, one way or tte other right now...''(anchor tag) there will e two more presidential debates this month... the second one taking place on october 16th. in new york, ainsley earhardt, fox news. during tooight's presidentia
the economy is a key issue on he cammaignntrail... but since colorado is one offthe few states that appearssto bb weathering the national economic downturn, some won't bb voting withhtheir pocketbooks...david stavely / air assto whooi am going to for why i aa still in up the airr and it really comes down to do i want to see a better economy or loss rightss thha's the way look at it..."carmmn mendoza / voter:"...i need to actually listening to the pas a fixed inccme, the one who has...
WHUT (Howard University Television)
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Oct 4, 2012
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WHUT
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we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have the jobs to pay them back -- and for giving loans and do not have the jobs to pay them back. we very much need new solutions. what we hear from both barack obama and mitt romney are essentially a rehash of where we have been not only for the past four years, but certainly for the eight years before that. we're hearing more about deregulating business and wall street, as if we did not having a problem from that already. we're hearing more about tax breaks for the wealthy, and we've seen tax breaks continue over the past many decades across all s
we very much still have a crisis in our economy. one out of two americans are in poverty or living at a low income and headed towards poverty. about 25 million people are either jobless or working in jobs that do not pay living wages. there are millions of people who lost their homes, approximately 8 million. there is no end in sight to the foreclosure crisis. we have an entire generation of students who are effectively indentured servants, who are trapped in a forgiving loans and do not have...
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you should not raise taxes when the economy is in trouble. our economy is in more trouble today. the growth rate last week was a pathetic at 1. 2%. >> very much for your time tonight. >> thank you. >> we finally get to the issue that rich people need the money because they create the jobs. i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for romney. i think it's an objective -- it may be theater, but this is a major campaign event of the entire cycle. maybe the major campaign event treated as a lesson in information or education. it was a campaign event and both sides went at it to win and one side won. i go back to a couple of points. romney was able to get away
you should not raise taxes when the economy is in trouble. our economy is in more trouble today. the growth rate last week was a pathetic at 1. 2%. >> very much for your time tonight. >> thank you. >> we finally get to the issue that rich people need the money because they create the jobs. i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems...
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spain spends 42% of their total economy on government. >> okay. >> we're not spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to growth with more money coming in. >> go ahead, mr. president. you are saying, in order to get the job done it's got to be balanced. >> if we are serious, you have to take a balanced approach. by the way, this is not just individual taxes. let's talk about corporate taxes. now, i've identified areas where we can, right away, make a change that i believe would actually help the economy. the oil industry gets $4 billion a year in corporate welfare. basically. they debt deductions that those small businesses that governor romney refers to, that they don't get. now, does anybody think that exx exxon-mobil needs extra money? why wouldn't we want to eliminate that? eliminate tax breaks for corporate jets. if you have one, you can probably afford to pay full for it. when it comes to corporate taxes, governor romney said he wants to, in a revenue-neutral way, close loopholes, d
spain spends 42% of their total economy on government. >> okay. >> we're not spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to growth with more money coming in. >> go ahead, mr. president. you are saying, in order to get the job done it's got to be balanced. >> if we are serious, you have to take a balanced approach. by the way, this is not just individual taxes. let's talk...
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Oct 3, 2012
10/12
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they are the economy, the economy, and the economy. half of the debate, he wants to focus on arguably the most important issue, the economy. then will turn to health care and the role of government. a philosophical debate about how president obama and governor romney see the debate -- role the government plays in the lives of american people. they have considerable philosophical differences on that. the last section will be on governing, which i do not know for sure, but i will predict has something to do with how they will get done all these things they are talking about, given how polarized and divided washington has been. we are hoping. we are going to be very interested in the reaction from your viewers, what they think about this. through twitter, facebook, are partners, we have an enormous amount of data coming into less about what people think about the questions that it asked. that is a process that will be fed into the moderators for the coming debates. we hope it will give the american people the chance to say, we like this f
they are the economy, the economy, and the economy. half of the debate, he wants to focus on arguably the most important issue, the economy. then will turn to health care and the role of government. a philosophical debate about how president obama and governor romney see the debate -- role the government plays in the lives of american people. they have considerable philosophical differences on that. the last section will be on governing, which i do not know for sure, but i will predict has...
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Oct 4, 2012
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, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what happened in last night's debate and i promise you, you're probably not going to believe it. that's later. up next a much more serious conscience of the internal debate after the u.s. attack in libya it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, yoargeting stocks to trade. well, that's what trade architect's heat maps do.
, you shouldn't raise taxes on anyone. >> now, when the president said that, the economy was growing at 2.3%, the latest quarter was revised downward to 1.3%. the president stuck to his guns in the debate last night, still calling for an increase in taxes on the better off. bret? >> bret: governor romney got into the weeds and he didn't have the chalk board. >> no, he was pretty smooth on this. he was ready. >> all right. thank you. al gore has an explanation for what...
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we're still on the economy. this is theoretically, now, a second segment still on the economy, and specifically on what to do about the federal deficit. the federal debt. and the question, you each have two minutes on this -- and, governor romney, you go first because the president went first on segment one. romney: yeah. >> moderator: and the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country. romney: i'm glad you raised that, and it's a criticallish hsu. i think it's not just a economic issue, i think it's a moral issue. it's not moral for my generation to keep spending massively more than we take in knowing those burdens are going to be passed on the the next generation, and they're going to be paying the interest and the principal all their lives. and the amount we're adding at a trillion a year is simply not moral. so how do we deal with snit mathematically, there are three ways that you can cut a deficit. one, of cours
we're still on the economy. this is theoretically, now, a second segment still on the economy, and specifically on what to do about the federal deficit. the federal debt. and the question, you each have two minutes on this -- and, governor romney, you go first because the president went first on segment one. romney: yeah. >> moderator: and the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country....
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Oct 4, 2012
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you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not the case. i have five boys. i'm used to people saying something that is not always true but keep on repeating it and hoping i will believe it. that is not the case. >>trace: when you get the $5 trillion number it was extrapolated from one year and this is also blown out of proportion. >>guest: the $5 trillion is from what we know of the plan, and it is a third-party estimate of the ten-year effect, so you have tremendous number of assumptions, the size of the economy and that is where the number comes from. it sounds more enormous than it is but this is debate if another time. what it says, you have to have cert
you do caught in have all the details on closing the deductions, how, exactly, that accelerates the economy to a point without making it up on the back end. >>trace: the president, again and again, michael, he said the governor plans to raise taxes or lower taxes by $5 trillion and a couple trillion on top of that and this is how governor romney responded, and i want your reaction. >> you and your running mate say that and i know it is popular to say with a lost people but it is not...
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Oct 2, 2012
10/12
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WUSA
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too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪ >>> don't you just hate it when there are so many political signs clogging up the median strips? well, in virginia, not so much anymore. >> that's right, because as peggy fox reports,
too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many...
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Oct 4, 2012
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things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out there saying we have to do something about it. that's not mainstream opinion in the democratic party. >> i believe he says we have to tweak it from time to time. indeed we do as population bubbles come and go. i think they're overreacting a little bit. let's be honest here. a lot of people in the democratic party base really wanted to see the president go out and poke him in the eye and tear off his face. >> i think they want to hear the number 47%. why didn't we hear that? >> i think that the 47% -- look, i'm not part of the debate strategy. but for the last several weeks everybody is asking how the heck c
things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out...
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Oct 4, 2012
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that basically make his case for what he's doing with the economy. sure he says nice things about teachers and some other stuff. infrastructure in a vague way but there was no boom, boom, boom. romney had that five-point plan to start with. it was effective. and then another five points. >> the preparation wasn't good enough. it wasn't that they didn't practice enough they didn't have a strategy for the debate. >> and they needed to execute -- >> all three of you one at a time. what do you think romney went in there to do tonight? what was his plan? >> his plan was to seem more moderate. to seem more specific. remember, he knew he'd be under attack for not being specific enough. and be being kind of wonky, he kind of blunted that attack of the president. and he also needed to seem confident and presidential and he achieved that. obama did not achieve his objectives. >> what was romney's plan. >> i saw a human side. for the first time i saw a human side. he came out of the gate, i knew this woman. this is her story. we haven't seen this. >> for a guy
that basically make his case for what he's doing with the economy. sure he says nice things about teachers and some other stuff. infrastructure in a vague way but there was no boom, boom, boom. romney had that five-point plan to start with. it was effective. and then another five points. >> the preparation wasn't good enough. it wasn't that they didn't practice enough they didn't have a strategy for the debate. >> and they needed to execute -- >> all three of you one at a...
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10/12
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the other is to grow the economy. if more people are at work in a growing economy, they are paying taxes, and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is it slows down the rate of growth, and you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what things would i cut from spending. first of all, i would eliminate all programs by this test if they don't pass it. is the program so critical it is worth borrowing money from china to pay for it? if not, it goes. obama care is on my list -- i apologize if i used that determine -- term -- >> it's ok. >> thanks. i'm not going to borrow money from china to pay for things. i will cut pbs. i will take programs that are currently good programs but i think would be more efficiently run at the state level. number three, i will make government more efficient and cut back the number of employees. i would cut back agencies and departments. my cutb
the other is to grow the economy. if more people are at work in a growing economy, they are paying taxes, and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is it slows down the rate of growth, and you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what things would i cut from spending. first of all, i would eliminate all programs by this test if they don't pass...
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, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in depth? they can't stand there and not say anything to fill the remaining 13, 12, 10 minutes. >> you'd be surprised how well politicians can fill time saying very little. but i would think the opportunity is there and the pressure is there particularly on mitt romney, but also on the president. there's a lot of pressure to say, okay, so how do you create jobs? we know you both want to create jobs. we know you both don't think the other is doing it the right way. what specifically are you going to do? how specifically will you bring down the deficit? there'
, number two the economy, number three the economy. so you add that all up. i'm getting like 45 minutes on the economy. now, it's a big subject. but i do think that there is a chance there to go in depth. but a lot of that depends on these two candidates. are they willing to go in depth? are they willing to engage with each other about specifics? are they willing to kind of reveal their specifics? in some ways it's up to them. but certainly the time is there. >> how can they not go in...